Friday, June 22, 2012

News Alert - June 22, 2012

. KLCI barely stays above 1,600-pt level
. MAS renews BTP, mulls job cuts in long run, says Ahmad Jauhari
. Petronas: US$5.2b to be invested in North Malaysia Basin project
. AirAsia proposes annual dividend policy
. Freedom of association must be driven by demand and needs, not legislation
. Litigation culture emerges against company executives in Asia
. MAS delays turnaround by another year
. UMW's O&G revenue set to grow to 25% this financial year
. Indonesia may allow higher ownership limit in banks
. Ireka's earnings tend to be volatile


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